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Here is today’s Breaking News from Letting Agent Today. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

Breaking News

Eco-Debate - A One Size Fits All solution won’t work for agents

Propertymark has told the government that imposing the same solution to the Net Zero challenge on all of the private rental sector across the whole country...

Agency wants incentives for long term lets over Airbnb-style lets

A leading lettings agency wants next week’s Budget to unveil incentives to bolster supply in the long term rental sector. Richard Davies, head of lettings at London-focused...

Here’s why the rental market is likely to boom in the long term

New figures provide further evidence of the difficulties first time buyers have getting on the property ladder - and why as a result the rental market...

High occupancy recovery for fledgling ‘co-living’ sector

The room-letting sector known as co-living, now growing in London, has seen occupancy levels bounce back since some Covid restrictions have been lifted.  New data released from...

Agent welcomes more pets in rental property - with conditions

A London lettings agent says it welcomes increasing moves towards allowing pets in rental properties - with some conditions.  Bective’s head of lettings and property management, Tom...

New Boiler Ban: Letting agents put the heat on government

ARLA Propertymark has blasted the government over its net zero policy of banning new boilers from 2035 and giving landlords £5,000 to pay for alternatives. Timothy Douglas,...

Independent lettings agency snapped up - but not by a corporate

Independent Liverpool-based agency LPS Real Estate has acquired another indie - Maison Lettings. As part of the acquisition, LPS will take over management of a portfolio of...

Build To Rent giant sets out blueprint for solving Britain’s housing crisis

New research published by Build To Rent operator L&G reveals what it believes to be a crisis surrounding rental properties, affordable homes and starter properties.  It has...

Student rental sector relies too much on overseas tenants - claim

Research by a student accommodation search platform suggests that the sector may rely too heavily on the apparent year-on-year growth in international students coming to the...

Smart Meters: Agents’ webinar today as pressure builds for adoption

Pressure continues to build on letting agents to play a greater role in the adoption of smart meters across the private rental sector.  Currently it’s thought the...

Agents Beware: ‘information checklist’ to avoid potential fines and claims

A checklist for agents to help ensure they steer clear of unwanted fines or claims has been provided by the Guild of Property Professionals. It is warning...

Major overseas investor shifts to long-term lettings from short-lets

A lettings agency with links to Saudi Arabian investors has produced a case study of how faith is returning to the long term lettings sector after the...

Rents rise across London as stock shortage takes its toll

New research by the Benham and Reeves agency has revealed how a lack of London rental properties has pushed up the cost of renting over the...

Can agents really build their brand by using TikTok?

Online lettings agency LettingaProperty.com says it’s using social media platform TikTok to build its brand and drum up business, and claims it’s being successful.  Its most popular...

Energy Crisis: Almost two thirds of homes have relatively poor EPCs

As energy efficiency becomes increasingly key for the private rental sector and owner occupiers alike, new data from PropTech firm Sprift suggests 60 per cent of...

Council boasts of court cases and fines against letting agents

One of the local authorities with the tightest clampdowns on letting agents has issued a statement celebrating its successes. Tower Hamlets council in east London says it has...

Most tenants admit negotiating over rent levels is difficult

A Foxtons-owned lettings agency says 60 per cent of tenants and would-be buyers say they are not confident negotiating asking rents and prices.  A poll by Douglas...

More buy to let and Build To Rent new-builds ‘will help developers recover’

Savills says an increase in the number of new builds bought for buy to let and other property investment will help developers recover from the demise...

Agents urged to promote smart meters to landlords

As energy costs continue to rise, agents are being urged to promote the use of smart meters. That’s the view of Safeagent at today’s start of Smart...

London Relief - Supply fall forces rent rises at last in prime areas

Data consultancy LonRes says a dramatic fall in prime London rental stock is forcing rents to rise at last.   The number of properties available to rent across...

Haart’s first home-based agent returns after selling cars

A former agent who was most recently a car salesman has been named as Spicerhaart’s first home-based lettings partner. Marc West will be home based but responsible...

Robert Watts acquires long-established independent agency

North of England agency Robert Watts is expanding into Halifax after completing the acquisition of independent firm Bennett Kaye for an undisclosed sum. Robert Watts will be...

Build To Rent giant claims ‘leasing record’ after lettings spree

Grainger, the UK’s largest listed residential landlord, says its new Build To Rent scheme in Leeds has set a record for lettings.  The 242-unit scheme - called...

Possession Court Delays - no improvement for at least a year

Justice Secretary Dominic Raab says it will take a year for court backlogs to be reduced substantially and even longer to restore the judicial system to...

New RICS forecast of rising tenant demand and higher rent

Tenant demand continues to rise and is now way beyond the long term average according to the latest market snapshot by the Royal Institution of Chartered...

Agency warns council that new HMO licensing will backfire

A lettings agency says a new HMO licensing regime in one of London’s highest profile boroughs will reduce the number of rental properties. This is the reverse of what...

Agents - are you seeing more ‘later life’ buy to let landlords?

A new report suggests that agents may already be seeing more middle-aged and older landlords - and if that hasn’t happened yet, it will soon. Paragon Bank...

Race For Space means rents soaring on detached houses

Rents for detached homes increased twice as fast as the average for all UK properties during Q3 2021 says the Deposit Protection Service. DPS claims average rents...

Agency head tells Sunak - stop hammering the private rental sector

The head of a lettings agency has drawn up a wish list for Chancellor Rishi Sunak to address in his Budget later this month.  Winkworth chief executive...

Strict contracts and inventories could defuse Pets In Lets issue

One of the industry’s leading suppliers says the controversy over pets in private rental properties could be defused relatively easily. Inventory management firm No Letting Go says a...

Revenue potential for agents by gathering data on consumers

A PropTech chief says there’s substantial opportunity for letting agents to earn more revenue - so long as they understand their landlord and tenant desires and...

Grants covering Covid arrears will boost tenants’ health, says Shelter

Shelter claims the health of one in five renters in England is harmed by poor housing, and says grants covering Covid-related arrears would help put things...

Cities Are Back! Urban rents soaring according to latest index

Tenants returning to the office and city centres has triggered strong rental growth in the largest urban centres. Rightmove’s Quarterly Rental Trends Tracker reveals that some city...

Demand soars as tenants leave parents and return to the market

‘Room wanted’ ads are currently outnumbering ads for ‘rooms available’ on flatshare site SpareRoom for only the third time in six years.  The rental platform says the...

Prime London Market Snapshot: lettings market's big improvement

Data from property investment consultancy London Central Portfolio suggests foreigners are returning to the UK capital as travel restrictions ease - and that's good news for...

Goodlord tweaks insurance offer because of lengthy eviction cases

Letting agents using rent protection and legal expenses insurance via Goodlord will have their rent protected until vacant possession, with no cap on the number of months...

Airbnb tells government it has better way of regulating short lets

Airbnb has backed the Scottish Government's backtrack on pledges to exercise more centralised regulation over short let properties. The country’s ruling SNP-Green coalition now says that it wants...

Mystery agent refuses to pay £150,000 owed in guaranteed rent

The Property Redress Scheme has expelled an agent operating a guaranteed rent scheme which failed to pay £150,000 to a former landlord client. The agent was then required to pay...

Help London’s rental sector - agent’s plea to government

A leading agent and member of the Propertymark board says London’s letting agencies and private rental sector need government help - and fast. Greg Tsuman, lettings director...

Lettings market strong - and even London recovering a little

Average annual rental growth across Britain hit 8.0 per cent in September, the third fastest annual rate of growth recorded this year.  The data comes from lettings...

Expelled! Rogue letting agents kicked out by The Property Ombudsman

Six agencies have been expelled from The Property Ombudsman for failing to pay compensatory awards - five of them for offences involving lettings.  The excluded agents include:  -...

Government backs away from stricter regulation of Airbnb and short lets

The Scottish Government - which earlier this year suggested it would be clamping down heavily on Airbnbs, especially in Edinburgh - appears to have backed away...

Stamp Duty Holiday did nothing to improve buy to let purchases

Lettings agency Hamptons, part of Connells, says there’s little sign that the stamp duty holiday led to large numbers of new investors purchasing buy to lets.  At...

Goodlord to offer bill-splitting service after new Tech acquisition

Lettings technology platform Goodlord has acquired a new app called acasa.  acasa is a fintech platform which allows tenants to manage household bills and split costs between...

Major regional independent agency opens its 11th branch

Fenn Wright, which operates in East Anglia, has opened its latest office in Felixstowe and will focus on sales and lettings.  Managing partner Joseph Hall says: “We...

Agents demand funds to clamp down on rogue operators

ARLA Propertymark is calling on the government to properly fund local authorities so they can combat rogue operators in the private rental sector. In its submission to...

Top Tory wants action at last on Arrears Tribunal proposal

A senior Conservative in Wales wants the Welsh Government to consider creating a housing tribunal in the light of rising tenant arrears. Janet Finch-Saunders, Member of the Welsh Parliament...

Not Just Here - Rents rising across Europe, new figures show

Campaigners against letting agents and landlords appear to suggest that the issue of rising rents is uniquely confined to the UK - but new figures show...

PropTech: new integration ready to install on Reapit’s AppMarket

Agents’ marketing platform BriefYourMarket has announced a new integration live and ready to install on Reapit’s AppMarket. BriefYourMarket first integrated with Reapit’s AgencyCloud CRM in 2010; since...

New international Data law likely to affect many letting agents

A high profile and respected lettings sector legal expert is inviting questions from agents at a webinar next week - and he’ll be explaining why a new...

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